The Model 3: Tesla’s First Ever Mass-Market Electric Car

model 3

Good news is finally here for here for those of us who dig Tesla but can’t afford the pricey Model X or Model S: The Model 3 has been unveiled, and it’s a slick electric car for the masses.

Although the EV won’t be released until sometime in 2017, 130,000 orders have already been taken, and excitement is growing.

Indeed, Tesla fans were seen queuing for up to twelve hours overnight outside Californian Tesla stores so that they could register for one of the £24,000 Model 3’s, which start out at half the price of the Model X and Model S.

The funny thing is, nobody even knows what the Model 3 will look like yet.

That won’t matter too much to blue-collar American’s though, because at the end of the day an affordable Tesla is still very much a Tesla.

Step In The Right Direction For Tesla

The Tesla Model 3 makes good on CEO Elon Musk’s promises to make a “mass market, affordable car.”

It will have a range of around 200 miles on a single charge, which is pretty much double what you can get on a rival mass-market EV – such as the Kia Soul.

Tesla are also planning to double down on their production. Just 50,000 were produced last year, and the company want that raised to 500,000 by 2020.

The organisation also wants to increase its number of worldwide stores by the end of 2017 to 441.

Tesla is still yet to turn a profit, and it is hoped that the Model 3 will help the company to grow.

The mass-market EV will have some rivals, though, including the Kia Soul, the 2017 Nissan Leaf and the 2016 Chevrolet Bolt.

Will Titterington
  • 1st April 2016

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